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Today General Knowledge(GK)
The Commission in India dealing with minimum support price, procurement price, etc in connection with agricultural goods is the
A)
National Marketing Commission
B)
Agricultural Costs and Prices Commission
C)
Agricultural Price Commission
D)
Planning Commission

Correct Answer : Option (D) - Planning Commission



The Commission for Agricultural Costs and Prices (CACP), the government’s nodal agency to recommend the minimum price for farm commodities. The Agricultural Prices Commission was set up in January, 1965 to advise the Government on price policy of major agricultural commodities with a view to evolving a balance and integrated price structure in the perspective of the overall needs of the economy and with due regard to the interests of the producer and the consumer. Since March 1985, the Commission has been known as Commission for Agricultural Costs and Prices

Published On : June 26, 2021
Category : Indian Economy
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